A cryptocurrency is a digital form of currency that is encrypted using digital cryptography, making it a secure and quick way to perform online transactions. Cryptocurrency trading app is renowned for their fast transactions and portability. This is because of their digital nature and the presence of nearly no obstacles (except to some regulations in a number of jurisdictions) in their free exchange. Because of advanced blockchain methodology, cryptocurrencies are also quite transparent and resistant to inflation, because no government issues them, except to the cryptocurrencies issued by governments.
Cryptocurrency is a fairly new idea and is still developing. For this very reason, there are huge price differences in different cryptocurrency exchanges. Taking this fact into consideration, a form of crypto trading guide has evolved, which is known as cryptocurrency arbitrage. In this form of trading, the trader buys cryptocurrency from an exchange at a low rate and immediately sells the acquired currency to an exchange at a higher rate. This enables the trader to make instant profits if done carefully and after thorough planning and is quite a simple form of trading in cryptocurrency.
Torex is a multifunctional blockchain trading platform for cryptocurrency trading. It consolidates different markets, coins, and analytical tools in a single location where you can swap tokens, gain experience, and share your cryptocurrency trading strategy. It has several key features to help traders in dealing with cryptocurrency and finding the best ways to channel their money. It incorporates the following key features into one Torex mobile app that is currently being developed and will soon be available for cryptotraders.
The Torex mobile app is a multi-coin exchange platform, which means it seamlessly integrates many cryptocurrency coins into one platform, to facilitate their easy trading.
It displays the updated and latest exchange rates between the two exchanges. The trader will only have to analyze the market and decide to take a calculated risk in terms of where he/she wants to put the money.
Torex will have a news aggregator within its mobile app, which enables traders to view all the latest news and crypto market updates right beside their trading deals.
The difference between the exchange rate and two cryptocurrency exchanges is known as the arbitrage window because this is the place more crypto arbitrage traders seek to target and mint their profits. Larger the arbitrage window, better the profits. Torex crypto trading platform offers a cryptocurrency arbitrage tool, which enables users to identify arbitrage windows and quickly target them.
While hunting for arbitrage windows, it also enables the user to set filters on the deals available, including the exchanges where you want to search for arbitrage windows, the crypto arbitrage volume, and minimum profit percentage.
Torex automated crypto trading bot will trade Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies on a number of supported cryptocurency exchanges.
To allow for easy tracking on different devices, the mobile app can be used on various platforms, including the Smartphone’s on Android and iOS.Torex mobile app will be as functional as the browser version of the crypto trading platform.
Within 2020 the brand new and fully functional Torex mobile cryptocurrency trading app is going to be released. Now you can use the variety of Torex trading tools free of charge. It can take you just a minute to create a new trading account at Torex.One website. You are welcome!